Oct 15, 2019-Tuesday

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Tuesday, Oct 15, 2019
news about Basis point
Oct 04, 2019 19:00
A demand-side intervention, perhaps a tax cut, is in order read more
Aug 21, 2019 23:54
In the past, there has been a lot of talk of banks not being able to effectively transmit rate cuts to customers read more
Aug 08, 2019 08:43
The general sense of gloom in business needs to change before we can expect economic growth. read more
Aug 07, 2019 23:55
The reduction will make all loans cheaper; for instance, the rate on home loans will come down to 8.25% from 8.4%. On a \u20B930 lakh loan over a 20-year period, the savings would be Rs 70,000. read more
Aug 07, 2019 23:09
The 35-basis point cut in the repo rate cut was marginally higher than the 25-basis point reduction that had been forecast by most analysts. read more
Aug 07, 2019 14:15
SBI’s one-year marginal cost of fund-based lending rate, or the MCLR, will come down to 8.25% per annum from 8.40% earlier with effect from Aug. 10, SBI said in a statement. read more
Jul 30, 2019 18:55
Yield spreads on sovereign dollar bonds were an average of 2 basis points higher, according to JPMorgan Chase & Co.’s EMBI+ Index. read more
Jul 05, 2019 16:53
The administration will set the budget deficit target for the current fiscal year at 3.3% of gross domestic product, according to people familiar with the matter. That’s lower than the 3.4% estimated in February’s interim plan. read more
Jul 05, 2019 09:04
The Economic Survey gives a wealth of information, both in terms of analysis and statistics, about the economy. Here are four key themes that will help us gain a better understanding of what lies ahead for the next year. read more
Jun 06, 2019 12:21
The meeting, first after the Lok Sabha elections, also decided to set up a committee involving all stakeholders, under the chairmanship of CEO Indian Banks’ Association (IBA), to examine the entire gamut of ATM charges and fees. read more
Jun 06, 2019 09:41
The six-member monetary policy committee led by Governor Shaktikanta Das will reduce the repurchase rate by 25 basis points to 5.75% on Thursday, say 31 of 43 economists surveyed by Bloomberg, while three are penciling in a 50 basis points cut. read more
Apr 12, 2019 23:21
India’s factory output growth dropped to a 20-month low in February in a worrying sign for the country’s growth prospects, while retail inflation accelerated in March but remained within the central bank’s comfort zone, creating room for more interest... read more
Apr 10, 2019 12:18
SBI’s marginal rate cut of 5 bps comes after the Reserve Bank of India’s consecutive rate cut by 50 bps in the February and April monetary policy. read more
Apr 09, 2019 12:01
Bankers say that there has been 12-18% rise in the used car loans as well. If you are also planning to buy a used car, here are a few things that you need to focus on. read more
Apr 04, 2019 12:00
The key benchmark rate at 6% and the MPC has maintain the neutral monetary policy stance read more